Another of the mounting lawsuits in the worlds largest art forgery case, centring around the now-defunct Knoedler Gallery in New York has settled out of court. Seven of the 10 lawsuits involving the scandal have now come to agreements out of court. The Knoedler Gallery was one of the most respected galleries in the world and NY’s longest established.

Council approval has been secured to provide a new home for up to 30 independent art galleries in the heart of South Kensington. The Royal Borough of Kensington and Chelsea has rubber stamped the plans and the construction work is due to break ground over the next few months.

TEFAF, The European Fine Art Foundation which is connected to the world’s most exclusive art fair, has released their annual report. This is always the most important barometer of the health of the global art market. The 2017 edition spearheaded by Professor Rachel A. J. Pownall confirms suspicions of a downturn in the international art market. It also identifies positive […]

It’s a week of art fairs in New York. The Armory Show, held in a crowded, bustling convention center on the Hudson River is the biggest of the fairs and indicative of the art markets changing economic landscape.

Global art sales are down by 22% from 2015, as the Art market reacts to a turbulent year with the election of Donald Trump and Brexit. The number of mega-expensive works sold and this represents pieces over the value of $10m for a single work of art has also tumbled by up to 50%. China has regained its status as the world’s top market,over the US another revelation that the west isn’t performing as well as it was a year ago.

Art Basel, which is now in its 48th edition has released an impressive gallery list for the fair in Basel, Switzerland, which takes place from June 15 to June 18, 2017. This year, 291 leading international galleries will present works ranging from the early 20th century to contemporary artists. The Basel show, whose Lead Partner is UBS, will present galleries from 34 countries and six continents.

Sotheby’s is presenting their first sale of Erotica, 16 February. Timed just a few days after Valentine’s day the sale offers a range of art and decorative objects, all with erotic overtones. Across the centuries, art has always been intrinsically linked to expressions of passion and sensuality. The Erotic: Passion & Desire sale in London encompasses representations of love and sex from antiquity to the present day.

Adam Clayton Bassist in the Rock band U2 has put a rare Jean-Michel Basquiat Drawing up for auction at Christie’s. The self-portrait goes under the hammer next month, after residing for 25 years in his private collection. The pop star bought the artwork in 1990 when they were recording their album Achtung Baby in New York.

Photographs from a number NASA missions, dating from 1965 to the 1980s go under the hammer as a single lot at Swann Auction Galleries NYC. The sale titled Icons & Images: Photographs & Photobooks takes place on 14 February. Their significance has been thrown even more into focus by the approaching 50th anniversary of the first Moon landing in 2019, […]

Frieze New York has announced the sixth edition of this international art fair held at Randall’s Island Park from May 5–7, 2017. The event brings together more than 190 galleries from 30 countries, showcasing an unparalleled program of ambitious presentations by today’s most significant international artists

Brett Gorvy, Deputy Chairman at Christie’s auctioneers and international head of Postwar and Contemporary art, is to leave the company after 23 years. He will now join the well-respected art dealer Dominique Lévy, in a new partnership called Lévy Gorvy

America after the Fall: Painting in the 1930s is a new RA exhibition chronicling the turbulent economic, political and aesthetic climate that dominated the decade following the Wall Street Crash of 1929.

The world’s largest collection of original Underground Comix Art crushed several artist world records when it sold for a combined $1,605,016 during Heritage Auctions’ presentation of the Eric Sack Collection Nov. 17-19 in Beverly Hills. The collection set an artist auction record for Robert Crumb for his four-page complete story from Thrilling Murder Comics #1, which sold for $143,400.

A black and white Tintin drawing has broken all records by selling for €1.55m (£1.33m; $1.64m). The original pen and ink from the book Explorers on the Moon was created by the Belgian cartoonist Georges Remi, better known as Herge. It had been estimated to fetch between €700,000-900,000 before the sale.

Despite a week of political unease as America comes to terms with the reality of Donald Trump as President-elect, the market showed some strong sales. Christie’s New York held two major sales this week Post-war and contemporary and Impressionist and Modern Art.

Last night’s results for the Evening Sales of Impressionist & Modern Art in New York coupled with those in London this June, demonstrate there is strong demand for top-quality works at every price level,” said Simon Shaw, Co-Head of Sotheby’s Worldwide Impressionist & Modern Art Department.

The fabulously sexy dress that Monroe wore at her historic appearance at the Madison Square Garden charity dinner, where she performed the song ‘Happy Birthday’ to President John F. Kennedy who was turning 45, is up for grabs Julien’s auction in the US on 17th-19th November.

The first part of the David Bowie art collection that went under the hammer at Sotheby’s yesterday (10 November) has achieved £24.3m ($30.5 m) with a painting by Jean-Michele Basquiat reaching £7 million.